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MTSI forms 20 Day Moving Average Resistance on September 19
On Friday, September 19th, MTSI moved down 2.01% while volume was to 7.1× the usual levels. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 125.07, 123.01 & 120.4, with resistance at 129.74, 132.35 & 134.41.
Current SwingTradeBot Technical Rating of MTSI: D
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